Is 33538, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33538 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 33538 was a Buyer's Market.

Key Takeaway

33538 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 33538, FL

How much do homes in 33538, FL cost?

Median Sold Price

$150,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$102,500(-40.6%)

Key Takeaway

Homes in 33538 have sold for 40.6% less than they did a year ago.

Summary: The median home sold price in 33538 was $150,000 in March 2024, down 40.6% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $90K$80K
-11.1%
2 $199.9K$132.5K
-33.7%
3 $270K$218.5K
-19.1%
4 $270K$250K
-7.4%
5+ -$155K
N/A

Summary: 33538 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 33.7%, 3 bedroom homes decreased by 19.1%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

34453
-3.6%
34450
-3.8%
34436
-6.3%
34785
-7.2%
33538
-40.6%

Housing Supply in 33538, FL

How many homes are available in 33538, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3533-5.7%

Summary: The 33538 real estate market had 33 homes for sale in March 2024, a 5.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1414
0.0%
3 1110
-9.1%
4 21
-50.0%
5+ 66
0.0%

Summary: The 33538 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33538, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 33538 in March 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 33538, FL

How long does it take to sell a home in 33538, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days49 Days-7.2%

Summary: Homes in 33538 had an average of 49 days on market in Mar 2024, down by 7.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33538 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in 33538; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in 33538, FL

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